Genel Energy plc (GENL.L) Dividends
Market Cap: $153.05M
Avg Volume: 430.84K
Industry: Oil & Gas Exploration & Production
Sector: Energy
Dividend Overview
Genel Energy plc (GENL.L) pays a semi-annual dividend to its shareholders. The current dividend yield is 10.50%, which means that for every $100 invested at the current price, investors would receive approximately $10.50 in dividends per year (this can change based on future dividend payments and price movements).
About GENL.L's Dividend
Genel Energy plc pays a semi-annual dividend. The total annual dividend is approximately $46.26 per share, meaning for each share you own, you'll receive about $46.26 in dividends over the course of a year.
The most recent ex-dividend date was April 20, 2023. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Genel Energy plc's dividend has grown by 1.00% over the past year. A positive growth rate can be a sign of the company's confidence in its future earnings.
GENL.L Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $7.76123 | 10.50% | April 20, 2023 | April 21, 2023 | May 19, 2023 | |
| $4.58999 | 8.91% | September 15, 2022 | September 16, 2022 | October 14, 2022 | August 02, 2022 |
| $7.06546 | 5.50% | April 14, 2022 | April 19, 2022 | May 18, 2022 | March 15, 2022 |
| $3.3307 | 5.88% | November 11, 2021 | November 12, 2021 | December 10, 2021 | August 03, 2021 |
| $5.03603 | 5.16% | May 13, 2021 | May 14, 2021 | June 14, 2021 | March 18, 2021 |
| $2.87557 | 7.54% | November 12, 2020 | November 13, 2020 | December 11, 2020 | August 06, 2020 |
| $6.58016 | 8.01% | May 28, 2020 | May 29, 2020 | June 29, 2020 | March 19, 2020 |
| $2.82665 | 1.57% | December 12, 2019 | December 13, 2019 | January 08, 2020 | August 06, 2019 |
| $6.1978 | 3.44% | May 23, 2019 | May 24, 2019 | June 24, 2019 | April 08, 2019 |
Dividend Growth
Genel Energy plc (GENL.L) dividend payments have grown 100.00% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for GENL.L
- Dividend & Capex Coverage Ratio: 2.70x Strong coverage
- Dividend Frequency: Semi-Annual
- Recent Dividend Growth: 1.00% Positive
What These Indicators Mean
The Dividend & Capex Coverage Ratio of 2.70x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates Genel Energy plc can comfortably cover its dividends and necessary investments from its operating cash flow.
Genel Energy plc's semi-annual dividend structure provides the company with increased financial flexibility compared to more frequent payments, while still delivering regular income to investors.
Genel Energy plc's dividend growth rate of 1.00% is positive but modest, indicating steady but cautious dividend policies.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.